Granada has confirmed that it has bought over 3 million shares in Yorkshire- Tyne Tees Television, increasing its holding in the company to 20%. The shares were bought for £10 each, and represent over 6% of Yorkshire’s share capital.Granada have pointed out however that it has no intention of buying the broadcaster outright, though it… Continue reading Granada Raid Lifts Stake In YTTV To 20%
More ABCs have been released and The Readers Digest shows its worst figure since 1992, when it was at 1,521,437. Title Jl-Dec 94 Jl-Dec 95 % Ch Actual Change Readers Digest 1,673,306 1,631,688 -2.48 -41,618 Choice 126,799 118,093 -6.86 -8,706 Jan-Dec 95 You and Your Wedding – 56,299 –
Following the confirmation that Granada has bought a significant number of extra YTT-TV shares, their price has continued to soar. Though the rise of 6p to 1023p per Yorkshire share (at 3pm today) is not as dramatic as yesterday’s rise of 150p, the company has reached a new peak for the year today as it… Continue reading Yorkshire TV Shares Still Rising
QualitiesThe latest batch of national newspaper ABCs, for January, show the Times still creeping up towards the 700,000 mark, at 687,992 it is the Times best ever circulation, an increase of nearly 9% on last January’s figure. In a month when two potential rivals to the FT were revealed to be launching, (a weekly financial… Continue reading National Press Round-Up – January
Granada has refused to comment on market talk that it was behind a dawn raid on Yorkshire Tyne Tees TV. It has been rumoured that Granada is bidding £10 a share.At 11:00 this morning, YTT TV shares had soared 126p to 993p, and Granada rose 9p to 734p.
Videotron and UK Gold have signed a new deal which retains UK Gold and incorporates the launch of UK Living on the cable company’s network.As previously reported (Newsline 11/01/96), a disagreement between Videotron and UK Gold had threatened to dissolve their partnership. The row centred on Videotron’s insistence that UK Gold be moved to a… Continue reading UK Gold And Videotron Resolve Differences
The National Magazine Company has released a rather disappointing set of ABCs; although, despite Cosmopolitan’s fall in circulation this period, by 0.9% or 4,188 copies, it still managed to maintain its lead over arch rival, IPC’s Marie Claire. With Cosmo’s new figure at 456,394, the lead is now diminished to 3,873 copies.Harpers and Queen fared… Continue reading Cosmopolitan Keeps Lead Over Marie Claire
In the week when Channel 4 has had to pay £74 million out to ITV companies, good news has come from the government. Lord Inglewood, broadcasting minister announced the government’s decision to cap the reserve fund designed as a safety net for C4, allowing the money to go instead into programming.Currently, of any revenue C4… Continue reading C4 Funding Alterations Proposed By Government
The European parliament has voted in favour of proposals which would force European broadcasters to screen a quota of European-made programmes. The parliament voted by 292 to 195 for proposals which would oblige general content television channels to screen at least 51 per cent ‘home grown’ programmes.They also voted to tighten restrictions on commercial minutage.… Continue reading MEPs Vote For TV Restrictions
Virgin Radio is to restructure its sales department following the appointment of Kathryn Jacob as Sales Director. Lee Roberts and Alex Ward have been promoted to the positions of sales managers from their respective roles as head of business development and senior sales executive. Promotions executive Steve Taylor becomes head of promotions.Classic FM Sales Manager… Continue reading Radio Appointments
